From RT.com….
The US branch of the Brazilian meat processor company JBS has paid $11 million worth of bitcoin to cyber-criminals who breached its computer systems and held them for ransom, its chief executive has revealed.
“It was very painful to pay the criminals, but we did the right thing for our customers,” Andre Nogueira, the CEO of JBS USA Holdings Inc, told the Wall Street Journal on Wednesday. He added that the ransom payment was made after the majority of JBS plants had resumed operations.
JBS paid an $11 million ransom in bitcoin to cybercriminals who last week temporarily knocked out meatpacking plants, the CEO of its U.S. unit said https://t.co/x0fTkt49sp
— The Wall Street Journal (@WSJ) June 9, 2021
The ransomware attack on JBS delayed meat shipments to wholesale customers across the US for several days and caused temporary shortages and a spike in prices. Paying the eight-figure ransom was done to shield JBS from further disruptions and limit the potential impact on farmers, restaurants and grocery stores, Nogueira said.
